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Global IT Crash, RNC Recap, Netflix Earnings

Bloomberg Intelligence

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Financial Performance of American Express and Netflix

The chapter delves into American Express' recent earnings report, highlighting their increased marketing spending and slower credit card growth in the second quarter despite a positive business outlook. It also provides an analysis of Netflix's stock movement, revenue guidance for Q3, and future growth prospects, positioning the company as a strong player in the entertainment industry with a disruptive business model.

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